| Metric | Q4 2025 | Q3 2025 | Q4 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $483.8K | $3M | $3M | -81.0% | -80.8% |
| Op. Income | -$1M | -$702.5K | -$416.2K | -46.9% | -147.9% |
| Gross Margin | -0.8% | 14.8% | 12.3% | -15.7pp | -13.1pp |
| Net Margin | -214.2% | -27.9% | -13.8% | -186.3pp | -200.4pp |
| EPS (Diluted) | $-0.53 | $-0.39 | $-0.19 | -35.9% | -178.9% |
| Free Cash Flow | $930.6K | -$1M | -$58.3K | 175.1% | 1695.0% |
| Item | Amount |
|---|---|
| REVENUE | $483.8K |
| Cost of Revenue | $487.7K |
| GROSS PROFIT | -$4.0K |
| R&D Expenses | $11.1K |
| Selling & Marketing | $35.6K |
| General & Administrative | $975.9K |
| SG&A Expenses | $1M |
| Other Expenses | $5.4K |
| Operating Expenses | $1M |
| Cost & Expenses | $2M |
| OPERATING INCOME | -$1M |
| Interest Income | $9.8K |
| Interest Expense | $3.3K |
| Other Income/Expenses | -$4.1K |
| INCOME BEFORE TAX | -$1M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$1M |
| D&A | $43.2K |
| EBIT | -$1M |
| EBITDA | -$989.6K |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$1M |
| Depreciation & Amortization | $69.2K |
| Stock-Based Compensation | $794.8K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$17.9K |
| Change in Working Capital | $1M |
| OPERATING CASH FLOW | $961.1K |
| Capital Expenditure | -$30.5K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$119.5K |
| Sales/Maturities of Investments | $10.8K |
| Other Investing Activities | $133.5K |
| NET CASH FROM INVESTING | -$5.7K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $283.7K |
| NET CASH FROM FINANCING | $266.5K |
| FREE CASH FLOW | $930.6K |
| Net Change in Cash | $1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2M |
| Short-Term Investments | $0 |
| Net Receivables | $649.0K |
| Inventory | $676.7K |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $5M |
| PP&E (Net) | $2M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $2M |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $4M |
| TOTAL ASSETS | $9M |
| Account Payables | $2.3K |
| Short-Term Debt | $0 |
| Deferred Revenue | $8.4K |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $521.0K |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $116.9K |
| TOTAL LIABILITIES | $637.9K |
| Common Stock | $20M |
| Additional Paid-In Capital | -$5M |
| Retained Earnings | -$6M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$120.7K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $9M |
| Minority Interest | $0 |
| TOTAL EQUITY | $9M |
| TOTAL LIABILITIES & EQUITY | $9M |
| Total Debt | $176.0K |
| Net Debt | -$2M |
